Iowa

Heat pump incentives in Iowa

No statewide rebate program

verified 2026-07

Incentives run through your utility

No unified state program. MidAmerican Energy pays up to $713 for an air-source heat pump. Check Alliant Energy or Xcel Energy.

Program source: midamericanenergy.com

Utility programs in Iowa

These are the named utility and ratepayer rebates on file for Iowa. You claim the one that serves your address, not the total. Each card carries the program’s own terms: what equipment qualifies, who is eligible, what the cap actually is, and whether it stacks.

MidAmerican Energy

midamericanenergy.com

$713

maximum

You claim it after installFlat amount

Air-source heat pump rebate up to $713.

Equipment that qualifies: Qualifying air-source heat pump; confirm SEER2/HSPF2 tier with MidAmerican.
Who qualifies, and the cap: MidAmerican Energy Iowa electric customers. Up to $713.
Stacking: One MidAmerican heat pump rebate. Confirm whether other measures are separate.

Alliant Energy

alliantenergy.com

Varies

by measure

You claim it after installVaries by measure

Utility programs vary.

Equipment that qualifies: Confirm SEER2/HSPF2 tier with the program.
Who qualifies, and the cap: Alliant Energy Iowa efficiency programs vary; confirm any current HP rebate directly.
Stacking: Confirm with program.

Rebate amounts are estimates and subject to change.
Eligibility varies by income, equipment efficiency, utility territory, and program funding availability.
The federal HEAR rebate was renamed High-Efficiency Electric Home Rebates on May 29, 2026, and its rules were changed (https://www.energy.gov/documents/program-notice-26-2, fetched 2026-10-14). States run it, and many have not opened. Check your state energy office for current rebates.
After-install rebates are claimed by the homeowner after installation and are not guaranteed at the point of sale.